Star Inc. was preparing the annual financial statements and, as part of the year-end procedures, assessed the assets and prepared the following alphabetized schedule based on adjusted values at December 31, 2015: Date of Deprec. Residual Accum. Recoverable Asset Purchase Method* Cost Value Useful Life Deprec. Amount Equipment Aug. 4/10 Units $44,000 $4,000 8,000 units $5,000 $18,000 Furniture Sep. 26/10 DDB 15,000 2,000 10 yrs 10,330 8,000 Land May 4/10 N/A 83,000 N/A N/A N/A 102,000 Office building Mar. 5/10 SL 91,800 15,000 16 yrs 28.000 65,000 Warehouse Feb. 3/10 SL 99,200 8,000 19 yrs 28,400 73.000 *DDB = Double-declining balance; SL = Straight-line; Units = Units-of-production; N/A = Not applicable a) Record any impairment losses at December 31, 2015. Assume Star Inc. has recorded no impairment losses in previous years. General Journal Page Gj1 Effect On Date Account/Explanation F Debit Credit Balance Sheet + -1 b) Record depreciation for each asset at December 31, 2016. Assume that there was no change in the residual values or useful lives regardless of any impairment losses that might have occurred. The equipment produced 1,500 units during 2016. Please make sure your final answer(s) are accurate to the nearest whole number. General Journal Page Gj1 Effect On Date Account/Explanation F Debit Credit Balance Sheet + - + =